PPP Loan information for Krapohl ford & lincoln

$1,093,900

Krapohl ford & lincoln was initially approved for PPP Loan of amount $1,093,900, the current approved amount is $1,093,900. The loan was approved on 04/06/2020 by The Isabella Bank reported 78 jobs and $1,093,900 was used to fund payroll.

Krapohl ford & lincoln is Existing or more than 2 years old

PPP Loan Search / MI / MOUNT PLEASANT / Krapohl ford & lincoln

KRAPOHL FORD & LINCOLN

Date Approved

04/06/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

KRAPOHL FORD & LINCOLN

Borrower Address

1415 E Pickard

Borrower City

MOUNT PLEASANT

Borrower State

MI

Borrower Zip

48858-1905

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1093900.00

Current Approval Amount

1093900.00

Undisbursed Amount

0.00

Franchise Name

Ford Motor Company Dealer Sales and Service Agreement

Servicing Lender Location Id

36147

Servicing Lender Name

Isabella Bank

Servicing Lender Address

139 E Broadway

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

MI

Servicing Lender Zip

48858-2312

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

ISABELLA

Project State

MI

Project Zip

48858-1905

CD

MI-02

Jobs Reported

78

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40000.00

Payroll Proceed

807400.00

Mortgage Interest Proceed

14500.00

Rent Proceed

72000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

90000.00

Debt Interest Proceed

70000

Business Type

Corporation

Originating Lender Location Id

36147

Originating Lender

Isabella Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1101032.83

Forgiveness Date

12/09/2020

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